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Friday, September 05, 2008
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Auto units seek corrective measures to check sluggish growth
GAIL to focus on city gas network
NEW DELHI: Stating that GAIL (India) will invest Rs. 20,000 crore in the next four years in building new pipelines across the country, company Chairman U. D. Choubey on Thursday announced plans to build ‘CNG corridors’ along the ...
Ranal Engineering to tap emerging markets
BANGALORE: Ranal Enginering Services has announced its plans to tap emerging markets such as China, India, Eastern Europe to fuel its growth. According to a release, the company plans to recruit additional engineers this year to handle new ...
IOB reduces rates on NRE term deposits
CHENNAI: Indian Overseas Bank has made downward revision of interest rates on NRE term deposits. According to a release, the bank is offering 3.21 per cent for one year to less than two years against 3.25 per cent previously for the same ...
VCs pick up 46 p.c. stake in Pressmart
HYDERABAD: Draper Fisher Juvetson (DFJ) and NEA IndoUS Ventures, two venture capital funds, have picked up a stake of 46 per cent in Pressmart Media Ltd. by investing $6 million (Rs. 25 crore), a multi channel digital delivery provider. ...
UTStarcom ties up with Aksh Optifibre
CHENNAI: UTStarcom Inc. has signed a contract with Aksh Optifibre to deploy UTStarcom’s end-to-end RollingStream Internet Protocol TV (IPTV) solution in 20 cities on BSNL’s ADSL 2+ network, a UTStarcom-built multiplay ...
IDS Software enters Nigerian market
BANGALORE: IDS Software, with its global research and development centre in Bangalore, has entered the Nigerian market. In partnership with a local firm, ValuePlus Software, IDS will market software packages mainly for the hospitality sector. ...
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